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French finance minister says no one can afford failure on Greece

Published: 11 Jun 2015 - 01:28 pm | Last Updated: 13 Jan 2022 - 04:13 pm

French Minister of Finance Michel Sapin arrives at the committee on economic and monetary affairs in Brussels, Belgium, May 7, 2015.

 

PARIS: Neither Greece nor its euro zone partners can afford for the cash-for-reform talks to fail, French Finance Minister Michel Sapin said on Thursday.

Talks are now on the right track after a late-night meeting on Wednesday between the leaders of Greece, France and Germany, Sapin told reporters, saying that discussions were needed both at a technical and political level.

"Time is pressing. Time is really pressing, a deal is absolutely necessary," he said. "No one can afford to fail."

Reuters